Ant IPO Delay – any impact on BABA

Viewing 3 posts - 1 through 3 (of 3 total)
  • Author
    Posts
  • #37866

    NL
    Replying to #

    Hi Wei Ren,

    Does your TA on BABA, dated 9 Nov take into consideration of Ant IPO delay?

    If not how would the delay of Ant IPO impact the trend on BABA in the near term?

    Thanks

    #37917

    Research Department
    Replying to #

    Hi NL, 

    My technical on BABA did not factor in the delay of ANT IPO listing. Based on the updated chart, prices have seen some rebound on the 2nd support zone which I have highlighted in my most recent report on Alibaba. 

    Should the prices falls further, the next line of defensive support will be at US$242 region. https://www.stocksbnb.com/tech-pulse/technical-pulse-alibab-group-holdings-ltd/

    #37932

    NL
    Replying to #

    Hi Wei Ren,

    Noted. Thank you for the reply.

Viewing 3 posts - 1 through 3 (of 3 total)

You must be logged in to reply to this topic.

Get access to all the latest market news, reports, technical analysis
by signing up for a free account today!